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News

Investment

Annuities pay out £14,180 less than 2010 rates

Today's average annuity will pay £14,180 less over retirement than an annuity purchased three years ago according to MGM Advantage.

clock 21 January 2013 •

Regulation

FSA to spend £5m on outside analysts

The Financial Services Authority (FSA) and its successors are to spend as much as £5m on hiring outside consultancies to carry out economic analysis.

clock 21 January 2013 •

Investment

FSA issues warning to IFAs on Harlequin Property

The Financial Services Authority (FSA) has issued a warning to financial advisers about investing clients money in Caribbean property through Harlequin Property.

clock 21 January 2013 •

Regulation

Financial Services Consumer Panel seeks £60k a year chair

The Financial Services Consumer Panel (FSCP), which is set up to represent consumers in the financial sector, is advertising for a new chairperson with an annual salary of £60,000.

clock 21 January 2013 •

Investment

Invest in an MBA student and earn 5%

An innovative scheme allows investors to back bright students who are an excellent credit risk and have an exceptionally low default rate.

clock 21 January 2013 •

Investment

Rare metals: Beware the scam call that could cost the earth

The decision to answer your phone could potentially cost you thousands, particularly if the caller is from a firm offering the latest in get-rich-quick investment products. It used to be shares in unlisted companies that were the hallmark of these cold...

clock 21 January 2013 •

Regulation

APFA: RDR fallout might see regulator revisit FSCS threshold

The Financial Standards Authority (FSA) may be forced to reconsider the Financial Services Compensation Scheme (FSCS) threshold when the impact of the Retail Distribution Review (RDR) on adviser revenues becomes more apparent, APFA has said.

clock 18 January 2013 •

Investment

US releases final FATCA rules

The US authorities have released their final set of rules on the FATCA regime designed to prevent tax evasion among US citizens with assets in offshore accounts.

clock 18 January 2013 •

Investing in the profession

AXA Life Europe expands unit-linked range

Axa Life Europe has launched a unit-linked guaranteed range to equip advisers with different retirement options for their clients.

clock 18 January 2013 •

Investment

Single-tier pension implementation to cost £265m

The implementation of the single-tier state pension will cost the exchequer £265m, according to official figures released today.

clock 18 January 2013 •
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